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[Federal Register Volume 90, Number 7 (Monday, January 13, 2025)]
[Proposed Rules]
[Page 2663]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-30621]

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DEPARTMENT OF DEFENSE

GENERAL SERVICES ADMINISTRATION

NATIONAL AERONAUTICS AND SPACE ADMINISTRATION

48 CFR Parts 1, 4, 9, 23, and 52

[FAR Case 2021-015, Docket No. FAR-2021-0015, Sequence No. 1]
RIN 9000-AO32

Federal Acquisition Regulation: Disclosure of Greenhouse Gas 
Emissions and Climate-Related Financial Risk

AGENCY: Department of Defense (DoD), General Services Administration 
(GSA), and National Aeronautics and Space Administration (NASA).

ACTION: Proposed rule; withdrawal.

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SUMMARY: DoD, GSA, and NASA are withdrawing the proposed rule to amend 
the Federal Acquisition Regulation (FAR) titled: Disclosure of 
Greenhouse Gas Emissions and Climate-Related Financial Risk. Executive 
Order 14030, directed the Federal Acquisition Regulatory Council to 
consider amending the Federal Acquisition Regulation (FAR) require 
major Federal suppliers to publicly disclose greenhouse gas emissions 
and climate-related financial risk and to set science-based reduction 
targets. A proposed rule was published on November 14, 2022. The 
agencies lack sufficient time during the Biden-Harris Administration to 
finalize the proposal. In addition, the agencies' analysis of public 
comments indicates an evolving practices and standards in industry, and 
an evolving domestic and international regulatory landscape. 
Accordingly, this proposed rule is withdrawn, and the FAR case is 
closed.

DATES: The proposed rule published on November 14, 2022, at 87 FR 68312 
is withdrawn as of January 13, 2025.

ADDRESSES: [email protected].

FOR FURTHER INFORMATION CONTACT: Ms. Jennifer Hawes, Procurement 
Analyst, at 202-255-9194 or by email at [email protected]. Please 
cite ``FAR Case 2021-015''.

SUPPLEMENTARY INFORMATION: On November 12, 2022, DoD, GSA, and NASA 
proposed to amend the FAR to implement section 5(b)(i) of Executive 
Order (E.O.) 14030, Climate-Related Financial Risk, to consider 
requiring major Federal suppliers to publicly disclose greenhouse gas 
(GHG) emissions and climate-related financial risk and to set science-
based reduction targets. The agencies lack sufficient time during the 
Biden-Harris Administration, however, to finalize the proposal, 
particulalry given the large volume of public comments and the policy 
issues they raised. The agencies' overall analysis of public comments 
indicates evolving practices and use of standards in industry, and 
since the publication of the proposed rule, differing domestic and 
international regulations covering greenhouse gas disclosures have been 
created. The FAR Council will continue to monitor recommendations from 
stakeholders on industry practice, both voluntary and under other 
requirements, to inform any future efforts in anticipation of continued 
movement towards more uniform use of standards. Accordingly, the 
proposed rule published at 87 FR 68312 on November 14, 2022, is 
withdrawn and FAR Case 2021-015 is closed.

List of Subjects in 48 CFR Parts 1, 4, 9, 23, and 52

    Government procurement.

William F. Clark,
Director, Office of Government-wide Acquisition Policy, Office of 
Acquisition Policy, Office of Government-wide Policy.
[FR Doc. 2024-30621 Filed 1-10-25; 8:45 am]
BILLING CODE 6820-EP-P
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